Evergreen Max Cash proposes listing transfer to Main Market


PETALING JAYA: Evergreen Max Cash Capital Bhd (EMCC) has proposed to transfer the listing of its entire issued share capital from the ACE Market to the Main Market of Bursa Malaysia Securities Bhd after fulfilling the required listing and profitability criteria.

In a Bursa filing, the pawnbroking and gold retailer said it has satisfied the Securities Commission Malaysia's listing requirements, including having been listed on the ACE Market for at least two full financial years since its debut on Sept 26, 2023.

It also met the Main Market's profit test, recording an audited consolidated profit after tax of RM36.7mil for the financial year ended Dec 31, 2025 (FY25), while cumulative profit after tax for FY23 to FY25 amounted to RM72.64mil. 

Its aggregate adjusted profit after tax over the three-year period stood at RM67.46mil, comfortably exceeding the minimum RM30mil requirement.

The company also said its audited financial statements for the past three financial years received unmodified audit opinions, with no material uncertainty relating to going concern.

As at Dec 31, 2025, EMCC had retained profits of RM87.45mil, net assets attributable to shareholders of RM261.66mil, a current ratio of 2.34 times and cash and bank balances of RM35.79mil.

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